The Brazilian real on Thursday slipped against the U.S. dollar, tugged down by rough economic waters in the euro zone as investor interest deviated from the monetary unit of the largest Latin American economy, Reuters reports. Cyprus, if it does not handle circumstances regarding its troubled finances and the bailout aid made available for it last weekend by… Read more.
This is a sample entry from John Payne’s newsletter, This Week in Grain, published on January 7, 2013. I hope you had a fantastic holiday season and a happy New Year. It is WASDE week! This is one of the most critical WASDE reports we see all year. The USDA will provide us their final… Read more.
The Brazilian real will maintain its strong presence on forex markets while the U.S. implements its third round of asset purchasing, the South American country's finance minister told Bloomberg on Wednesday. The monetary unit of Latin America's largest economy will not gain value as much as it did during the third round of quantitative easing… Read more.
The Brazilian real saw its recent losses to the U.S. dollar reverse slightly on Friday as the country's central bank continued to take action to support its currency, according to Bloomberg. The Brazilian central bank has auctioned off thousands of currency swaps over the past four days as the real hit its lowest point in… Read more.
Friday saw the Brazilian real advance against the world's reserve currency, propelled by a strong January retail sales report that re-instilled confidence after dismal showings late last year, according to Reuters. But the government overseeing the monetary unit of Latin America's largest economic system is likely to move forward with additional strategies of intervening to… Read more.
The Brazilian real dropped in value in early trading Thursday, as the U.S. dollar strengthened worldwide due to the increasing worries about economic growth in China and Europe, The Wall Street Journal reports. The real was trading at BRL1.8215 to the dollar early in the session, a change from the Wednesday close of BRL1.8184, according… Read more.
Tuesday saw the Canadian dollar drive toward its top value since September as the loonie performed more strongly than the majority of its counterpart currencies, Bloomberg reports. But while the monetary unit of Canada gained, the U.S. dollar dropped in value against nearly all of its counterpart currencies excluding the Brazilian real. The Canadian dollar… Read more.
The price of the sweetest commodity dipped the most in a week following concern that demand from China might decline since the nation asked banks to help curb inflation by holding back additional reserves, Bloomberg reports. Raw sugar for March delivery plunged 4.3 percent on Friday morning to 26.93 cents a pound after having gained… Read more.
The price of copper rose to the highest level in 27 months on Monday, as commodity brokers speculated that both quantitative easing from the Federal Reserve and falling inventories of the red metal will make it pricier. Interestingly, the dollar climbed against a basket of currencies today, beating the Canadian dollar, Brazilian real, Japanese yen,… Read more.